Should you apply for an Apple Card, one would hope that nothing will happen that leads you to want to sue Apple or Goldman Sachs. Should that happen, however, the customer agreement mandates something called forced arbitration.
What’s that? The customer agreement states that you “knowingly and voluntarily waive the right to be heard in court or have a jury trial on all Claims subject to this Agreement.” Essentially, when you get an Apple Card you agree to have any agreements settled by arbitration rather than the courts. Any disputes you have will be brought before an independent third-party panel (these are usually chosen by the companies to which you agreed to arbitration, in this case Apple and Goldman Sachs).
